Trusted Tips and Resources

Trusted Tips & Resources

Trusted Regina REALTOR® James Wruth Shares Advice on Becoming a Landlord

James Wruth is one of Regina’s most trusted and top-selling Realtors. A member of RE/MAX Crown Real Estate since 2006, James works with families, individuals, investors, and developers in the purchase and sale of residential properties. Since 2006, James has been a consistent Top Producing Realtor, and he has been awarded numerous prestigious distinctions including Re/Max 100% Club distinction, Platinum Sales Award, and Remax Hall of Fame induction. James Wruth is a Trusted Regina Real Estate expert.

So You Want To Become A Landlord In Regina?

I believe that relationships are more important than transactions. I started a career in real estate in 2006, and since that time I have built a Regina real estate business around that philosophy. My goal is a personalized one-on-one service to fully understand you, your real estate goals, and to be 100% accountable to you. In my latest blog post, I share advice for folks considering investing in revenue properties in Regina, with a view to becoming a landlord. 

Things you need to know before you become a landlord.

If you’re looking to become a landlord, investing in Regina real estate is a solid way to generate passive income! However, before you invest in Regina revenue property, it’s wise to know if you’re getting a good deal.

Here are some tips to consider when buying an investment property in Regina. 

1. Buy the right Regina property that is sure to rent easily

- Select Your Target Regina Neighbourhoods Carefully - remember this is not where YOU are going to live

Consider the following before you invest:
  • Is it a safe neighbourhood? ( Check out Regina Police Crime Map ) 
  • What amenities are found locally
  • What is the rental vacancy rate in that neighbourhood?
  • How close are you to local shops, parks or recreational facilities? 
  • How far away are you from the bus stop or transportation hub?
  • If you are considering buying property suitable for a family are you close to schools? 
You may want to consider duplexes for the peace of mind they bring. With duplexes, you have two units, so if you go for a while without a tenant, it’s usually just one apartment, not both, so you still have some revenue coming in. As an experienced Regina realtor, I can provide a lot of support in your search! 

2. Treat your rental like a business

You can make good money being a landlord, through both monthly cash flow and appreciation on your property. But it’s not like buying a mutual fund. You need to be ready to handle the types of struggles you’d face with any business. You must have a budget for emergency fixes for example! 

Know your rights as a landlord in Regina! 

3. Be sure to properly screen potential tenants

We’ve all read stories of nightmare tenants who generate endless noise complaints, damage property and even stop paying rent. To protect yourself, I recommend credit checks (available through agencies like Equifax and TransUnion) and asking for references from employers and past landlords. I also recommend matching landlord references to the credit check, which shows past addresses, to ensure the applicant is being truthful. Once you’ve found great tenants, you’ll want to hold on to them for as long as possible.

4. Check your insurance coverage

If you’re renting an apartment within your home, your existing home insurance policy could be enough coverage. But if you’re renting a building that you don’t live in, you’ll need to look into additional insurance While it’s not legal to require your tenants to purchase insurance, it’s important they know that they’re not covered by your policy. It’s a good practice to recommend they take out their own tenant insurance policy so their personal property is covered.

5. If you aren't handy or good at DIY - find folks you can trust who are! 

You can save even more time by making sure you’re set up for success from day one. Build a network of professionals — electricians, plumbers, handypeople. This way you can handle most routine problems, like a leaky faucet, with a simple phone call.

Have questions about buying revenue properties?
Contact me today, I am here to help!


If you are looking for a Regina Realtor who works tirelessly on your behalf and always offers honest and candid advice, James will be an expert at your side. 

Trusted Regina REALTOR® James Wruth Shares The Importance of Being A RE/MAX Crown Real Estate Agent

James Wruth is one of Regina’s most trusted and top-selling Realtors. A member of RE/MAX Crown Real Estate since 2006, James works with families, individuals, investors, and developers in the purchase and sale of residential properties. Since 2006, James has been a consistent Top Producing Realtor, and he has been awarded numerous prestigious distinctions including Re/Max 100% Club distinction, Platinum Sales Award, and Remax Hall of Fame induction. James Wruth is a Trusted Regina Real Estate expert.

James Wruth Shares The Importance Of Being A RE/MAX Crown Real Estate Agent In Regina

I believe that relationships are more important than transactions. I started a career in real estate in 2006, and since that time I have built a Regina real estate business around that philosophy. My goal is a personalized one-on-one service to fully understand you, your real estate goals, and to be 100% accountable to you. In my latest blog post, I share the advantages of working with a REMAX Crown Real Estate Agent in Regina.

Why I am Proud to be your RE/MAX Crown Real Estate Agent in Regina

Buying or selling a home is likely the largest and most important transaction you’ll ever make. That’s why so many people trust RE/MAX: the most widely recognized real estate brand in the world. For more than 20 years, RE/MAX has been the leading real estate organization in Canada. By providing the best training, administrative and marketing support, brokers and agents are free to focus on what they do best: SELL real estate.

As a RE/MAX Crown Real Estate Agent, I am focused on providing you with the best results and service in the industry. I listen carefully to understand your real estate goals and work hard to create solutions that make sense for you. Whether you are new to the market or an experienced investor, I have the expertise, proven track record, and resources to help you achieve your real estate goals. A common mantra in real estate is “location, location, location.” REMAX agents have extensive knowledge of the Regina area and can help find the right home for you or the right buyer for your home.

As a RE/MAX agent, I am supplied with exclusive tools and training to ensure I have the skills they need to effectively guide you through the real estate process. In fact, Canadian RE/MAX agents averaged twice as many transactions as its competitors. (based on 2015 closed transactions source: CREA, RE/MAX) and have more specialized designations than any others, making them Canada’s most productive agents.

Tech Savvy

RE/MAX has always been a leader in the real estate industry, adopting the latest technology and creating innovative marketing programs. RE/MAX was the first brand to expand its reach to the global market through a revolutionary global listing site. With listings from more than 80 countries, displayed in over 40 languages, RE/MAX agents have the opportunity to search and post listings internationally, making international transactions easier than ever.

Community 

At the heart of RE/MAX is a deep commitment to the communities we operate in. This was another big reason why I was drawn to the brand as a new agent back in 2006. RE/MAX Crown Real Estate Agents succeed with dedication, experience and community involvement. As a team, we have raised thousands of dollars through charity work, and we channel those funds into local and regional children’s medical facilities to improve the quality of life in our local communities! 

All RE/MAX Agents display the Miracle Home sign on property listings. As we are committed to helping hospitalized children across our province and have pledged a portion of their income from the sale of that home to the Jim Pattison Children's Hospital Foundation.

Your home is one of the biggest investments of your life. When you’re ready to buy or sell, choose wisely—choose me, James Wruth REMAX Crown Regina Real Estate Agent.

If you are looking for a Regina Realtor who works tirelessly on your behalf and always offers honest and candid advice, James will be an expert at your side. 

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